U.S. equity funds see biggest weekly inflows since November
U.S. equity funds witnessed robust demand in the week through March 26 as signals of a more measured tariff approach from the Trump administration helped shift investor focus back to prospects of growth in corporate earnings. Investors acquired U.S. equity…
German unemployment rises amid economic slowdown
BERLIN -The number of people out of work in Germany rose in March at the fastest rate since October of 2024, data showed on Friday, as an economic malaise puts pressure on the job market even against a backdrop of…
Berlin on measures against U.S. tech giants: ‘Nothing is off the table’
BERLIN – A German government spokesperson said on Friday that “nothing is off the table” with regards to punitive measures in response to the threat of U.S. tariffs. Asked whether countermeasures could target U.S. tech companies, the spokesperson said “at…
Take Five: T is for tariffs
The coming week will be dominated by U.S. President Donald Trump’s plans for reciprocal tariffs, while the latest U.S. jobs data, an Australian central bank meeting and a key euro zone inflation report means there’s plenty for markets to consider….
Markets in Q1: Everything’s been Trumped!
LONDON – Most investors knew things could turn turbulent this year given U.S. President Donald Trump’s return to power in the world’s biggest economy and financial market, but few predicted the kind of a rodeo ride it has been so…
US natgas prices climb 3% on record LNG flows, lower daily output
U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied natural gas export plants and a decline in daily output. On its first day as the front month, gas futures for May…
European shares hits a weekly decline as tariff worries persist
European shares slid on Friday as fresh U.S. data amplified worries about higher inflation, ending a week where new tariff announcements from U.S. President Donald Trump kept investors away from risky assets. The pan-European STOXX 600 index ended 0.7% lower…
Factbox-Hot or not? How recent high-profile US IPOs have performed
The U.S. IPO market stands at a critical juncture, with CoreWeave’s debut set to be a key test of whether companies move forward with listings or retreat amid market volatility. Hopes for a blockbuster rebound in 2025 have dimmed, as…
Analysis-Deal slump hits US high-grade bond supply, pressures spreads
NEW YORK – The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as President Donald Trump’s trade war deters deals, in what could be a boon for borrowers but…
Canada budget deficit over first ten months of 2024/25 increases to C$26.85 billion
OTTAWA, March 28 – Canada recorded a marginally higher C$26.85 billion ($18.77 billion) budget deficit for the first ten months of the 2024/25 fiscal year as government expenditures grew slightly faster than revenues, the finance ministry said on Friday. By…
ECB’s Nagel encouraged but warns against ‘over-optimism’ on inflation target
BERLIN – ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies but warned against over-optimism as the European Central Bank works to bring inflation down further to…
New Zealand consumer confidence dips in March, survey shows
SYDNEY – Consumer confidence in New Zealand dipped in March, with declines seen across nearly all sectors as consumers remained cautious on spending, ANZ-Roy Morgan data showed on Friday. “The economy is improving under the hood, but we’re at the…
Fed’s Collins says it is clear tariffs will drive inflation up near term
Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. “It looks inevitable that tariffs are going to increase…
RBA to hold rates steady in April, but cut again in May
BENGALURU – The Reserve Bank of Australia will keep its cash rate unchanged on Tuesday as it waits for concrete signs of easing inflation, according to a Reuters poll of economists, who mostly still expect two rate cuts this year…
South Korea exports to rise for second month on chip boost; tariff risks loom: Reuters poll
SEOUL – South Korea’s exports likely rose in March for a second straight month on a growth in chip sales, a Reuters poll found on Friday, but economists warned of weakening momentum due to U.S. tariffs. Outbound shipments from Asia’s…
RBI to cut rates again on April 9, then just once more in August
BENGALURU-The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, with just one more cut expected in August, which would mark the shortest easing cycle on record, a Reuters poll of economists found….
Core inflation in Japan’s capital accelerates, stays above BOJ target
TOKYO -Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike. Service-sector inflation also…
BOJ board at loggerheads over inflation, US tariff risks, March summary shows
TOKYO -Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and others on uncertainty over U.S. tariff policy, a summary of opinions at its…
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
HONG KONG – Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of outstanding futures and options contracts on the city’s bourse has reached 22 million so far this…
Fed’s Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity
LEXINGTON, Virginia – The Federal Reserve’s current “moderately restrictive” monetary policy is right for an environment with an abnormal amount of uncertainty and fast changes taking place in U.S. government policy, Richmond Fed President Tom Barkin said on Thursday. Barkin,…